GS1 EDI
Transactions throughout the supply chain become more efficient with Electronic Date Interchange (EDI).
GS1 EDI (Electronic Data Interchange) provides global standards for electronic business messaging that allow automation of business transactions commonly occurring across the entire supply chain.
With the use of GS1 EDI, hardcopy file exchanges have been replaced by electronic messaging, this regards an alternative solution for orders and invoices. Instead of an order or invoice being sent via email or printed and sent, it is automatically sent.
Thanks to data being sent automatically to businesses, with the use of EDI, manual errors have diminished, resulting in saving money and accelerating communication, ultimately providing efficiency across the entire supply chain.
It covers master data alignment, order and delivery and financial settlement management, as well as transport and warehouse management. The main business partners in scope for this are retailers, manufacturers, material suppliers and logistic service providers.
GS1 EDI is implemented through standard EANCOM and XML messages.
What is GS1 EDI?
GS1 EDI provides global standards for electronic business messaging that allow automatic electronic transmission of agreed business data between trading partners. It is not associated with the practice of electronic invoices (e-mail with file attachment) as expected.
Accelerate your transactions in the supply chain.
With GS1 EDI standard you can exchange transactional messages and invoices rapidly, efficiently and accurately.
FAQs
EDI consists of 3 main components:
- Standards are determined by the business partners.
- Translation software with two fundamental functions: it must generate outgoing information in a standardized format and interpret incoming information. Many software tools provide much more functionality. The cost of translation software varies dramatically depending on the platform and the functionality required. This cost can range from hundreds to thousands of dollars/euros.
- Electronic mailbox services (e.g. VAN) is of the user company's choice. However, the use of a specific VAN service may be strongly suggested, due to the relationship established between the business partner and a specific VAN. It could be a benefit as in this case, some VANs provide discount prices.
